107pj gas
contingent · P90 39 / P50 107 / P10 292
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: ALBANY
1 note for review
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
100bcf gas
prospective · P90 100 / P50 100 / P10 100
Valued at: no ownership disclosed
5 notes for review
- no permit recorded for Black Creek
- NO STAKE: value shows as zero until ownership is known
- gas: single estimate 100 bcf used for P90/P50/P10
- gas: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
2mmbbl oil
prospective · P90 2 / P50 2 / P10 2
Valued at: no ownership disclosed
5 notes for review
- no permit recorded for Bull 42-4
- NO STAKE: value shows as zero until ownership is known
- liquids: single estimate 2 mmbbl used for P90/P50/P10
- liquids: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
110bcf gas
prospective · P90 110 / P50 110 / P10 110
Valued at: no ownership disclosed
5 notes for review
- no permit recorded for Caldwell Creek
- NO STAKE: value shows as zero until ownership is known
- gas: single estimate 110 bcf used for P90/P50/P10
- gas: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
0mmbbl oil
prospective · P90 0.2 / P50 0.2 / P10 0.2
Valued at: Comet Ridge Ltd 19.25%Permit: FLORENCE
2 notes for review
- liquids: single estimate 0.2 mmbbl used for P90/P50/P10
- liquids: no SPE-PRMS class stated; risked as prospective
0mmbbl oil
prospective · P90 0.2 / P50 0.2 / P10 0.2
Valued at: no ownership disclosed
5 notes for review
- no permit recorded for Golden 33-20
- NO STAKE: value shows as zero until ownership is known
- liquids: single estimate 0.2 mmbbl used for P90/P50/P10
- liquids: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
1,700bcf gas
prospective · P90 1700 / P50 1700 / P10 1700
Valued at: Comet Ridge Ltd 100%Permit: GRAYS HARBOR
2 notes for review
- gas: single estimate 1700 bcf used for P90/P50/P10
- gas: no SPE-PRMS class stated; risked as prospective
100bcf gas
prospective · P90 250 / P50 100 / P10 100
Valued at: no ownership disclosed
6 notes for review
- no permit recorded for Grays Harbor Prospect A
- NO STAKE: value shows as zero until ownership is known
- gas: source P90/P50/P10 out of order [250.0, 100.0, None] bcf - check the extraction; used sorted [100.0, 250.0]
- gas: high case not stated; set equal to P50
- gas: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
89pj gas
contingent · P90 45 / P50 89 / P10 169
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: PMP 50100
1 note for review
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
67pj gas
contingent · P90 67 / P50 67 / P10 1870
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: ATP 744P → GUNN PROJECT AREA → GUNN CSG PROJECT → GUNN 2
4 notes for review
- Gunn straddles ['ATP 744P', 'GUNN PROJECT AREA', 'GUNN CSG PROJECT', 'GUNN 2'] with different interests [70, 100]
- NO STAKE: value shows as zero until ownership is known
- gas: low case not stated; set equal to P50
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
52pj gas
reserve · P90 52 / P50 52 / P10 118
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: MAHALO EAST → ATP 2061
2 notes for review
- gas: low case not stated; set equal to P50
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
180pj gas
contingent · P90 109 / P50 180 / P10 294
152pj gas
reserve · P90 152 / P50 152 / P10 262
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: MAHALO GAS PROJECT → ATP 337P → ATP 1191 → MAHALO → MAHALO BLOCK → MAHALO PROJECT → MAHALO JV
5 notes for review
- MAHALO JV: 1 later statement(s) describe this interest as not yet held (latest 2025-12-17: NOT YET HELD: 42.86% (operated; Santos, being divested to Comet Ridge, conditional)) - the 57.14% may still be being earned
- Mahalo Gas Project straddles ['MAHALO GAS PROJECT', 'ATP 337P', 'ATP 1191', 'MAHALO', 'MAHALO BLOCK', 'MAHALO PROJECT', 'MAHALO JV'] with different interests [40, 57.14, 100]
- NO STAKE: value shows as zero until ownership is known
- gas: low case not stated; set equal to P50
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
43pj gas
reserve · P90 12 / P50 43 / P10 149
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: MAHALO NORTH
1 note for review
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
2bcf gas
contingent · P90 0.5 / P50 1.6 / P10 4.1
26bcf gas
prospective · P90 9 / P50 25.9 / P10 64.4
Valued at: Comet Ridge Ltd 50%Permit: NANGWARRY
1 note for review
- gas: no SPE-PRMS class stated; risked as prospective
1,520pj gas
reserve · P90 1520 / P50 1520 / P10 1520
Valued at: Comet Ridge Ltd 65%Permit: PEL 238
2 notes for review
- gas: single estimate 1520 pj used for P90/P50/P10
- PJ priced at A$0.40/mcf ÷ 1.055 GJ/mcf = A$0.379/GJ (conversion assumed)
0mmbbl oil
prospective · P90 0.2 / P50 0.2 / P10 0.2
Valued at: no ownership disclosed
5 notes for review
- no permit recorded for Royal Gorge
- NO STAKE: value shows as zero until ownership is known
- liquids: single estimate 0.2 mmbbl used for P90/P50/P10
- liquids: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
1mmbbl oil
prospective · P90 1 / P50 1 / P10 1
Valued at: Comet Ridge Ltd 100% of volumes already stated netPermit: TOW CREEK
2 notes for review
- liquids: single estimate 1 mmbbl used for P90/P50/P10
- liquids: no SPE-PRMS class stated; risked as prospective
140bcf gas
prospective · P90 140 / P50 140 / P10 140
Valued at: no ownership disclosedPermit: VADER/CEDAR CREEK → VADER → CEDAR CREEK
5 notes for review
- Vader/Cedar Creek straddles ['VADER/CEDAR CREEK', 'VADER', 'CEDAR CREEK'] with different interests [10, 40]
- NO STAKE: value shows as zero until ownership is known
- gas: single estimate 140 bcf used for P90/P50/P10
- gas: no SPE-PRMS class stated; risked as prospective
- NO STAKE: Comet Ridge Ltd value shows as zero until a stake is entered
50%
Probability of
4,391
bcf
56.6%
Value retained
$975,350,350.00
AUD
Leverage per instrument
ASX:COI
561%
$0.08 → $0.43